Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$193,305$193,305$233,910
Remaining term (yrs)27.327.330.0
Secondary amount$0$40,605$0
Funding fee$967$967$0
Note rate6.660%6.660%7.320%
Blended rate6.660%7.066%7.560%
1st payment$1,280.06$1,280.06$1,606.80
2nd payment$0.00$304.53$0.00
Taxes / mo$145.00$145.00$145.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.78
HOA / mo$275.00$275.00$275.00
Total monthly$1,850.06$2,154.60$2,223.58
Cash to close$66,595$25,990$25,990